Austria / Sweden

Austria-Sweden Trade: In 2022, Austria exported $2.1B to Sweden. The main products that Austria exported to Sweden were Carbides ($96.6M), Flavored Water ($77M), and Vaccines, blood, antisera, toxins and cultures ($72.6M). Over the past 5 years the exports of Austria to Sweden have increased at an annualized rate of 2.93%, from $1.82B in 2017 to $2.1B in 2022.

In 2020, Austria exported services to Sweden worth $835M, with Transportation ($370M), Other business services ($203M), and Travel ($119M) being the largest in terms of value.

Sweden-Austria Trade: In 2022, Sweden exported $1.93B to Austria. The main products that Sweden exported to Austria were Vaccines, blood, antisera, toxins and cultures ($306M), Packaged Medicaments ($108M), and Cars ($84.5M). Over the past 5 years the exports of Sweden to Austria have increased at an annualized rate of 5.47%,  from $1.48B in 2017 to $1.93B in 2022.

In 2020, Sweden exported services to Austria worth $664M, with Travel ($170M), Royalties and license fees ($146M), and Transportation ($105M) being the largest in terms of value.

Comparison: In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).